 "Indian banks never had it so good. The banks and the stakeholders like the government of India and the Reserve Bank of India (RBI) have worked assiduously in the last decade to ensure a stable, resilient and adequately capitalised banking system that")
The National Bank for Financing Infrastructure and Development (NaBFID) is looking to raise about Rs 40,000 crore through market borrowing (10- to 20-year paper) in the second half of FY25.
Borrowing from markets was about Rs 9,000 crore in the first half ended September 2024 (H1FY25).
Rajkiran Rai G, managing director, told Business Standard the institution was expecting to benefit from a softening yield on market borrowing owing to improvement in liquidity and change in the monetary policy stance by the Reserve Bank of India.
Plus, there are prospects of further cuts in policy rates in developed markets.
NaBFID is
